Tax & Regulation | 25 Jul 17
Firms late with Mifid paperwork need emergency plans, says FCA
Financial firms that have missed the deadline to submit crucial information for compliance with Mifid II rules must have contingency plans in place, the UK’s Financial Conduct Authority (FCA) has warned.
Macro Views | 25 Jul 17
Is the IMF’s UK revision a red flag for investors?
The International Monetary Fund’s decision to downgrade the UK’s growth forecast for 2017 was likely a wake-up call for some investors. But is it a signal of more dire times ahead? Or just another year of mediocre growth?
DeVere CEO slams South African expat tax as discriminatory
South Africa’s decision to tax expats and overseas workers on their foreign income is totally unjust, highly discriminatory and achingly regressive, says deVere Group founder and chief executive Nigel Green.
Best Practice | 25 Jul 17
Is your DFM offering value for money?
Investors can assess whether a DFM offers value for money by unbundling the DFM’s service into admin costs, market access costs and applied research, and allocating a “reasonable cost to each”, a consultancy claims.
Middle East | 25 Jul 17
Epic Saudi fraud trial coming to a close in Cayman court
One of the biggest trials in Cayman Islands history involving the Middle East’s longest-running business feud is coming to an end after a year in court.